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20121108
20121116
Search Results 0 to 9 of about 10 (some duplicates have been removed)
the time we have. greta's next. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out t
to recognize, look, john boehner is put on the table this notion of revenues and we think you can get that through growth. we think that you can get that through reforming the tax code. gregg: right. >> but we --. gregg: so you're telling me and the president and white house are just bluffing say, no deal on rates? >> well we've heard this. we heard he will get out of guantanamo. he would cut the deficit in half. all these sorts of things are declarations. but when it comes down to it i think the president does sign an extension because it is the smart move. look, the pathway to move forward is to reform the tax code. where there is such a high level of dissatisfaction, the opportunity is for the president to bring people together around the dissatisfaction and come up with a new, more competitive tax code. gregg: come january, here's what is going to happen. i want to put this up on the screen for our viewers. 158 million americans will be affected. after an average tax hike of $3500. that means that 88% of the households are going to be seeing their taxes go up. as you know, the cbo
democrats and republicans stop it all. house speaker john boehner wants a deal on spending cuts. president obama says that is not enough. >> if we're serious about reducing the deficit we have to combine cuts with revenue. >> joining us is jonathan strong. even if tax rates went up on the wealthiest households earning more than $250,000 a year the president, as the president demands, this would actually do almost nothing to reduce the deficit. i look at the joint tax committee report of conscious saying it would reduce the deficit only by 7%. that is 7% out of $1.1 trillion. in many ways is the president's solution more of an illusion? >> he is trying to sell this as a matter of fairness. he seems to be making progress politically on that front. you have a good point. another good question, there isn't any theory this would help the economy. the estimates are it would hurt this the economy. is now the right time for that? people are still hurting out there. >> gregg: the president is claiming, you heard him say this -- he has a mandate for raising taxes. i'll quote him. he said on tuesday
. >> chris: let's talk about taxes that got most of the attention. congressman van hollen, john boehner offered a compromise this week where he said yes, i am willing to put more revenue on the table but through closing deductions, ending loopholes, not through raising rates. can you accept a compromise as part of this whole deal that doesn't raise the bush tax rate on the wealthy? >> well, here is the issue. how much revenue are we going to generate part of a balanced package? i take my lead on this from simpson-bowles and their framework. in their framework, they assume the amount of revenue as if you started tax reform from a 3% rate. that is part -- 39% rate. that's part of their built-in assumption. i am all for doing tax reform. the issue is from what starting point. the simpson-bowles starting point which assumes the revenue from 39% is the right way to go to get the mix that they got in hitting their deficit reduction target. but look, if what the speaker boehner was saying is that he is truly willing to get what we consider congressional budget office revenue, we can work with
's possible with john boehner saying okay, we will get rid of some deductions that rich people enjoy that the president is now going to have his bluff called. i think is he going to get some tax increases on rich people, will he actually reform the entitlement spending? >> you are in charge, what is the compromise? >> well, i think the big part of the compromise, boehner has to get is the spending cuts have to happen now. people talk about this sequester and government spending might get cut. most of it is in the future. he has got to get in the hundreds of billions in year one to say we are actually turning this ship. >> james freeman from the "wall street journal" thanks for coming in with your expertise on. this thanks. good to be here. >> your tax dollars going to pay for sex change operations? what? we'll tell you where this just has been given the green light. >> then, it's been two weeks since super storm sandy and thousands of people are still in the dark this morning. they have been left freezing over these past weeks. so where is the help? our own brian kilmeade is going to
done. the speaker of the house, john boehner says we don't have a tea party caucus. with congressman allen west on the edge of defeat and a barely win for michele bachmann, we want to know if you agree with the speaker. moving forward, do you think the tea party is rel vapt, helpful or harmful to the gop? tweet us your answers. did. we will reads your responses, later on throughout at this time show. we honor members of the military for their service to our country. some of them having made the ultimate sacrifice. ceremonies honoring our nation's heroes will happen all over the country. the vietnam memorial will be a gathering place for the annual day of remembrance. we go to sent cent, live on the scene. >> reporter: right. a ceremony gets underway here in just a little while. the secretary of veterans affairs will be the main speaker here. but really, the centerpiece is the wall itself. the vietnam veterans memorial, which is one of the major attractions in washington, d.c. to memorialize the 58,000 people who were killed in the vietnam war. their names carved in black granite, alo
speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medi
Search Results 0 to 9 of about 10 (some duplicates have been removed)